FIAT MONEY

Post #76

It should be evident to anyone who is paying attention that the world is on the cusp of radical change. We are witnessing the beginning of a global banking dictatorship where a universal digital currency will supplant national currencies and mark the end of liberty. This transition will complete the demise of freedom except for a privileged few. Commercial banks can multiply money, but only central banks can create money. Before the banking system can multiply money, someone has to make a deposit. But the Federal Reserve does not need a deposit; it can create money by merely pushing a few keys on its computer to credit a client’s account by X amount. All currencies are debt instruments; they are floating abstractions that profit the world’s bankers.

At the top of a dollar bill is printed “Federal Reserve Note.” A note is an IOU; it is an agreement to pay interest to the Federal Reserve. Dollars come into existence when the government sells bonds to the Federal Reserve. Therefore, we pay interest to the bankers. The Bureau of Engraving and Printing converts only a tiny fraction of this borrowed money into physical dollars.

A cartel of eight families owns the Federal Reserve and other central banks around the world. They are Goldman Sachs of New York, Rockefeller Brothers of New York, Rothschild Banks of London and Berlin, Lazard Brothers of Paris, Israel Moses Sieff Banks of Italy, Kuhn and Loeb and Company of Germany and New York, and the Warburg Bank of Hamburg and Amsterdam. The Federal Reserve is listed in the telephone book’s white pages, while the US Treasury is listed in the yellow pages. Fed employees’ email address ends in .org, not .gov.

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Published by Kenneth E. Long

Author, college professor of economics, swimming and tennis enthusiast

7 thoughts on “FIAT MONEY

  1. Hi there! This blog post couldn’t be written any better! Going through this post reminds me of my previous roommate! He constantly kept preaching about this. I’ll send this article to him. Fairly certain he’ll have a very good read. I appreciate you for sharing!

    Like

    1. Hello Lavern,

      Thanks for responding to my blog. I typically spend a couple of hours putting together a blog post. So it does my heart good to know that you are reading them, you give me encouragement! We are living in extreme times and need a platform to express ourselves. I am looking for testimonials of people who have been adversely affected by the Covid policies.

      Take good care and I hope to hear from you again,
      Ken
      web: https://kennethelongauthor.com/
      email: roseofsharonpublishers@gmail.com

      Like

  2. I’m excited to find this page. I want to to thank you for ones time for this particularly wonderful read!! I definitely loved every little bit of it and I have you saved to fav to look at new information on your site.

    Like

    1. Hello Virgen,

      Thanks for responding to my blog. I typically spend a couple of hours putting together a blog post. So it does my heart good to know that you are reading them, you give me encouragement! We are living in extreme times and need a platform to express ourselves. I am looking for testimonials of people who have been adversely affected by the Covid policies.

      Take good care and I hope to hear from you again,
      Ken
      web: https://kennethelongauthor.com/
      email: roseofsharonpublishers@gmail.com

      Like

  3. I’m extremely pleased to uncover this web site. I wanted to thank you for ones time for this particularly wonderful read!! I definitely loved every bit of it and i also have you book-marked to look at new things in your web site.

    Like

    1. Hello Shayla,

      Thanks for responding to my blog. I typically spend a couple of hours putting together a blog post. So it does my heart good to know that you are reading them, you give me encouragement! We are living in extreme times and need a platform to express ourselves. I am looking for testimonials of people who have been adversely affected by the Covid policies.

      Take good care and I hope to hear from you again,
      Ken
      web: https://kennethelongauthor.com/
      email: roseofsharonpublishers@gmail.com

      Like

  4. I was very pleased to discover this page. I wanted to thank you for ones time due to this wonderful read!! I definitely enjoyed every bit of it and i also have you saved to fav to check out new stuff in your site.

    Like

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